Abstract
The article explores the interrelationship between economic security and the competitiveness of states within the modern global system. The study aims to provide a theoretical generalization and analytical justification of the role of economic security as a key factor in shaping and ensuring the competitiveness of states within the global economic system, as well as to identify strategic directions for strengthening countries’ economic resilience in response to current global development challenges. The authors argue that economic security is not only a function of macroeconomic stability, but also one of the system-forming factors in shaping international economic resilience, technological autonomy, and strategic independence. Based on a comparative analysis, the paper identifies key conceptual approaches to the definition of economic security in the works of Ukrainian and foreign scholars, which reveal both commonalities and differences in its assessment methodology. The study conducts a comparative analysis of macroeconomic, financial, and institutional indicators of economic security across seven advanced economies (the USA, Germany, France, Japan, Canada, South Korea, and Sweden), and examines their influence on the countries’ positions in global competitiveness rankings. The results confirm a strong correlation between the level of debt burden, the stability of fiscal policy, investment climate, and institutional trust indices with international competitiveness levels. Special attention is devoted to the formation of strategic priorities for strengthening Ukraine’s economic security as a prerequisite for sustainable economic growth, taking into account the risks of martial law and the need to adapt to new geoeconomics realities. The article presents a table summarizing key benchmarks for developing a national economic security policy, including strengthening institutional capacity, ensuring financial stability, reinforcing critical infrastructure, and stimulating innovation. The paper concludes that under conditions of global instability and intensifying technological competition, economic security should be viewed as an integral indicator of a state’s long-term competitiveness.
References
1. Clark, I. (1997). Globalization and international relations theory. Oxford: Oxford University Press.
2. European Commission. (2023). Economic security strategy. https://commission.europa.eu
3. Heiets, V. M. (2009). Ekonomichna bezpeka Ukrainy v umovakh hlobalizatsii [Economic security of Ukraine in the context of globalization]. Visnyk NAN Ukrainy, (7), 4–12. (in Ukrainian)
4. Hrytsenko, A. O. (2021). Instytutsiini zasady ekonomichnoi bezpeky Ukrainy [Institutional foundations of Ukraine’s economic security]. Kyiv: Instytut ekonomiky NAN Ukrainy. (in Ukrainian)
5. IMD World Competitiveness Center. (2023). World competitiveness ranking 2023. https://www.imd.org/centers/world-competitiveness-center/rankings/world-competitiveness-ranking/
6. IMF. (2024). Fiscal monitor: Budgeting for the future. https://www.imf.org/en/Publications/FM
7. IMF. (2024). International financial statistics. https://data.imf.org/IFS
8. International Monetary Fund. (2024). World economic outlook: Steady recovery amid diverging trends. https://www.imf.org/en/Publications/WEO
9. Melnyk, M. I. (2010). Ekonomichna bezpeka derzhavy: sutnist ta mekhanizm zabezpechennia [Economic security of the state: Essence and mechanism of provision]. Naukovyi visnyk NLTU Ukrainy, 20(10), 178–184. (in Ukrainian)
10. OECD. (2022). Economic resilience in a world of shocks. https://www.oecd.org
11. Pereguda, Yu., Al-Ababneh, H., & Symonenko, O. (2025). The impact of globalisation on economic systems and social structures. Dialogues in Humanities and Social Sciences, 3(1), 63–72. https://doi.org/10.71261/dhss/3.1.6372
12. Perehuda, Yu. A. (2025). Mizhnarodna konkurentospromozhnist derzhav u sferi e-turyzmu [International competitiveness of states in the field of e-tourism]. Inkliuzyvna ekonomika, 3(9). https://doi.org/10.32782/inclusive_economics.9-12 (in Ukrainian)
13. Perehuda, Yu. A. (2025). Transformatsiia ekonomichnoi systemy Ukrainy na osnovi pobudovy rezylientnoi smart-ekonomiky [Transformation of Ukraine’s economic system based on the development of a resilient smart economy]. Stalyi rozvytok ekonomiky, 4(55), 301–307. https://doi.org/10.32782/2308-1988/2025-55-41 (in Ukrainian)
14. Ruban, Yu. I. (Ed.). (2006). Natsionalna bezpeka Ukrainy: stan, zahrozy, napriamky zabezpechennia [National security of Ukraine: State, threats, directions of ensuring] (Analytical report). NISD (in Ukrainian)
15. SIPRI. (2024). Military expenditure database. https://www.sipri.org/databases/milex
16. Stiglitz, J. (2010). Freefall: America, free markets, and the sinking of the world economy. New York: Norton.
17. The Heritage Foundation. (2023). Index of economic freedom. https:/ww.heritage.org/index
18. World Bank. (2023). World Development Report. https://www.worldbank.org
19. World Bank. (2024). International debt statistics. https://datatopics.worldbank.org/debt/
20. World Bank. (2024). World development indicators. https://databank.worldbank.org/source/world-development-indicators
21. World Justice Project. (2023). Rule of law index. https://worldjusticeproject.org/rule-of-law-index
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Copyright (c) 2026 Oleksandr Zhurba, Bogdana Faenko